Question 3 of 8 < Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $127,100 Advertising expense $49,900 Depreciation on plant 64,800 Property taxes on plant 19,700 Property taxes on store 8,310 Delivery expense 31,600 Labor costs of assembly-line workers 116,500 Sales commissions 45,800. Factory supplies used 27,300 Salaries paid to sales clerks 60,700 4.25/10 !!! Work in process inventory was $13,200 at January 1 and $16,600 at December 31. Finished goods inventory was $70,200 at January 1 and $47,000 at December 31. (a) Your answer is correct. Compute cost of goods manufactured. Cost of goods manufactured eTextbook and Media Using multiple attempts will impact your score. 5% score reduction after attempt 2 (b) Compute cost of goods sold. Cost of goods sold $ eTextbook and Media 352,000 Attempts: 1 of 3 used